Article L224-26 of the French Monetary and Financial Code
For each compulsory retirement savings plan that may be funded by profit-sharing and incentive schemes, a supervisory committee is set up in accordance with the provisions of articles L. 224-21 and L. 224-22. However, this supervisory committee is optional when the payments are allocated solely to the acquisition of units in company mutual funds mentioned inarticle L. 214-164 of the Monetary and Financial Code. When the plan gives rise to…